NewsBTC •
January 29, 2026 at 23:00 •
Analysis
Bulls kept a collapse from happening this week when Bitcoin found buying interest above the mid-$80,000s. Prices bounced off a key range, and that breathing room has traders watching the market’s plumbing — not just the headline price. Reports note that the path to a lasting recovery is likely to go through improved liquidity, with market watchers pointing to on-chain measures as the real signal to watch. Related Reading: Record Pain: Bitcoin Investors Suffer $4.5B Loss, Most In 3 Years At Center Stage: Market Structure And Liquidity Glassnode and other analysts have flagged a tight snapshot of supply stress: roughly 22% of circulating Bitcoin is sitting below its purchase price, which raises the chance that outsized selling could kick in if support fails. That’s a n...